Chipmaking giant Taiwan Semiconductor (TSMC) has delayed the start of production at its factory in the US state of Arizona, in a setback to President Biden’s technology ambitions.
The firm says chip manufacturing will no longer start next year, due to a shortage of skilled workers.
The White House has laid out plans to bring more chip production to the US.
It comes as an ongoing trade row centred on the technology intensifies between Washington and Beijing.
TSMC’s shares closed more than 3% lower in Taiwan on Friday.
On Thursday, TSMC Chairman Mark Liu said production of advanced microprocessors at its Arizona factory in the south west of the US would now begin in 2025.
Read more at BBC.com
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